CCF Créditos Serie 20’s $14.4 Million Notes Offering


Marval, O’Farrell & Mairal acted as legal counsel on the deal

CCF Créditos Serie 20 executed its offering of $14.4 million notes backed by Cordial Compañía Financiera credits.

Cordial Compañía Financiera SA acted as setlor, Price Waterhouse & Co. SRL, acted as auditor, Banco Supervielle SA acted as led manager and placing agent and TMF Trust Company (Argentina) SA acted as trustee.

Cordial Compañía Financiera S.A. provides financing services in Argentina. The company offers Walmart MasterCard, Walmart, and MasterCard cards; cash and consumer loans; and insurance products and services. It offers financial solutions through 20 ATM branches.

Marval, O’Farrell & Mairal advised with a team including Roberto E. Silva (h.) (Picture), Martín I. Lanús and Agustín López Roualdes.

Involved fees earner: Martín Lanús – Marval, O’Farrell & Mairal; Agustin Lopez Roualdes – Marval, O’Farrell & Mairal; Roberto Silva (h) – Marval, O’Farrell & Mairal;

Law Firms: Marval, O’Farrell & Mairal;

Clients: Banco Supervielle S.A. ; Cordial Compañía Financiera S.A.; TMF Trust Company;